Vellu OÜ
RegisteredKey figures
Ratios
2024Summary: Vellu OÜ
What kind of company is it?
Vellu OÜ (registry code 16172482) is a private limited company (OÜ). The company was entered in the Commercial Register in 2021 and has been registered for 5 years. Registered location: Põlva linn, Põlva vald, Põlva maakond. According to the latest annual report, the main activity is removal services (EMTAK 49421). The company is registered for VAT (VAT number EE102345511).
How is the company doing financially?
Revenue in financial year 2024 was 61 331 €, up 158% on the previous year (23 737 €). From 2021 to 2024, revenue grew by an average of 54,4% per year. This is the company's highest revenue among the published years (2021–2024). Net profit for financial year 2024 was 1141 € (1,9% of revenue). The company was profitable in 1 of the 4 published financial years. According to the report, the company had no employees in financial year 2024. At the end of financial year 2024, total assets were 7716 € and equity 3267 € (42,3% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 49 371 €, up 71,7% on the same quarter a year earlier.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is a private individual.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
Where does the data come from and how fresh is it?
Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2024) was filed on 11.01.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 49 371 € | — | 0 € |
| Q2 2026 | 30 164 € | — | 0 € |
| Q1 2026 | 23 745 € | — | 0 € |
| Q4 2025 | 43 147 € | — | 0 € |
| Q3 2025 | 28 754 € | — | 0 € |
| Q2 2025 | 39 851 € | — | 0 € |
| Q1 2025 | 8097 € | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2024
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Sales revenue | 16 659 | 41 172 | 23 737 | 61 331 |
| Net profit | −15 334 | −1308 | −230 | 1141 |
| Retained earnings | — | −15 334 | −16 643 | −15 733 |
| Total assets | 7652 | 6215 | 5212 | 7716 |
| Total liabilities | 5986 | 3857 | 3085 | 4449 |
| Total equity | 1666 | 2358 | 2127 | 3267 |
| Employees | 1 | 1 | 1 | 0 |
| Average gross salary (monthly) | 304 | 456 | 529 | — |
| Calculated dividend | — | — | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Risks and obligations2 issues5 clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.